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Meticulous Research®—a leading global market research company, published a research report titled 'Beta Glucan Market—Global Opportunity Analysis and Industry Forecast (2024-2031).’ According to this latest publication from Meticulous Research®, the beta glucan market is expected to reach $773.8 million by 2031, at a CAGR of 7.5% from 2024 to 2031.
Factors such as a rise in health-conscious consumers, growing demand for beta glucan across various industries, and advancements in production technologies drive the growth of this market. Additionally, the increasing preference for natural ingredients and a heightened focus on sustainability are expected to create significant growth opportunities for stakeholders in the market.
Key Players:
The beta glucan market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the beta glucan market are Kerry Group PLC (Ireland), Lantmännen Group (Sweden), Givaudan SA (Switzerland), DSM-Firmenich (Netherlands), Kemin Industries, Inc. (U.S.), Angel Yeast Co., Ltd. (China), COSCIENS, Inc. (Canada), Lesaffre International, SAS (France), Vesta Ingredients, Inc. (U.S.), Merck KGaA (Germany), Biorigin (Brazil), Specialty Biotech Co. Ltd. (Thailand), and Van Wankum Ingredients BV (Netherlands).
The beta glucan market is segmented based on type, category, source, and application. This study also evaluates industry competitors and analyzes the regional and country-level markets.
Among the types studied in this report, in 2024, the (1,3) beta glucan segment is expected to dominate the beta glucan market. (1,3) beta glucan is a polysaccharide primarily found in the cell walls of fungi, bacteria, and some plants. The wide use of (1,3) beta glucan in various industries, its easy extraction process compared to other types of beta glucan, and its health benefits contribute to the segment’s dominant position in the beta glucan market.
Among the categories studied in this report, the soluble segment is expected to dominate the beta glucan market in 2024. Soluble beta glucan dissolves in water and has a lower molecular weight compared to its insoluble counterpart. It is primarily beneficial for heart health, blood sugar regulation, and gut health. Additionally, the rising demand for health-promoting ingredients in functional foods and dietary supplements contributes to the segment’s dominant position in the beta glucan market.
Among the sources studied in this report, the cereals & grains segment is expected to dominate the beta glucan market in 2024. The increasing demand for functional food and beverages and increasing awareness of the health benefits of cereals & grains-sourced beta glucan contribute to the segment’s dominant position in the beta glucan market.
Among the applications studied in this report, the food & beverages segment is expected to dominate the glucan market in 2024. The increasing consumer preference for fortified foods, rising incorporation of beta glucan in a variety of food and beverage products, including cereals, juices, and snacks, and increasing health-conscious consumers contribute to the segment’s dominant position in the beta glucan market.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (France, Spain, Italy, Germany, U.K., Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa ((South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa).
Among the geographies studied in this report, in 2024, Europe is expected to dominate the beta glucan market. The substantial share of this regional market can be attributed to several factors, such as increasing demand from various sectors such as food & beverages, nutraceuticals, pharmaceuticals, and personal care & cosmetics; rising health and wellness trends; increasing product innovations; and health benefits of beta glucan.
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Key Questions Answered in the Report-
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